Mortgage Investors Get Triple Payments for Principal Reductions

The Treasury Department will triple payments to mortgage investors for reducing borrower principal through an expanded Home Affordable Modification Program announced Friday. Officials announced several critical changes to HAMP, including an enrollment extension to...

New 1% Federal Bank Transaction Tax Proposed in House Bill HR-4646 – Email Your Congress Person Now

I Could Not Believe It. Is This Really True?It Is In The Planning Stages NowThe Federal Transaction Tax! President Obama’s finance team and Nancy Pelosi are recommending a 1% transaction tax on all financial transactions.It is true.The bill is HR-4646 introduced...